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MWB Mwb Group

4.875
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mwb Group LSE:MWB London Ordinary Share GB00B2PF7L39 UNITS (COMPR 1 ORD & 20 B SHS)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.875 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

MWB Group Share Discussion Threads

Showing 826 to 848 of 900 messages
Chat Pages: 36  35  34  33  32  31  30  29  28  27  26  25  Older
DateSubjectAuthorDiscuss
31/10/2012
12:00
Betting on after hours??
crookie3634
31/10/2012
07:18
I swear these guys would be late for their own funeral.

and it might be near to a corporate one at that.

bonio10000
26/10/2012
15:53
Results on Wednesday
sabre6
22/9/2012
18:51
Interesting.

At least one bit of the business is thriving. I would not rule out a sale to reduced debts elsewhere.

bonio10000
22/9/2012
16:44
Gave up on mine I fear, sold out - definitely a "sh*t or bust" stock, and since we've had a lot of sh*t, I fear what's next! Good luck holders.
spectoacc
22/9/2012
15:20
There seems to be some interest over the last month. Not sure why may be the banks have aggreed loan facilities or have they turned the corner with the new management in place.
Phyrro also have a large holding so maybe a bid from them as they would not want to see MWB go down the pan.
Time will tell not sure when next set of results are due.

sabre6
04/9/2012
06:26
Wondered if there'd been any press over weekend? First "interest" in it in a long while.
spectoacc
03/9/2012
12:44
Overhang cleared or news on the way?
bonio10000
24/8/2012
07:11
They still have some tricks.

They could sell the office division or one of Hotel Du Vin/Malmaison and pay off a far chunk of debt.

Will be interesting to see if the portfolio values have increased any either.

However, would agree that can see trouble ahead or possibly Phyrro piling in.

bonio10000
22/8/2012
12:47
Looks like the end is near, guessing they are having trouble getting finance, they sold two restaurants recently for working capital purposes guessing this has now run out. Wish I had never laid eyes on this company. No longer worth selling have written this investment off. After constantly averaging down have lost £10k, an expensive lesson.
williamgtheobald
30/7/2012
16:27
Amazing to think that I could theoretically buy the Hotel du Vin chain with a large serviced office company thrown in for little more than a 5 bed house in a good London location!!

(and yes, I know I would get a load of debt too, but it is still pretty incredible)

goliard
30/7/2012
13:05
in case anyone is interested...

according to my calculations...the Marshalls over the past few years have been getting a return of 14% on the cost of their controlling interest in LFI....
via salaries, dividends and employment of at least 1 of the 3 sons at subsidiary or controlled companies (and without declaring it in annual reports)

with 14% annual return on the value of your investment....one could argue that the main purpose can then that the main BOD purpose (since controlled by the Marshalls since filled with yes men or employees or related parties who feed from your hand) becomes to keep on milking and to keep in control....
at 14% per you soon get most of your money back and this the Marshalls have been in control for generations....then one assumes that the original investment cost was repaid long ago....and that now it is just a case of receiving gold eggs...
and one assumes that they can also claim expenses....which in effect they effectively approve...and expenses are not reported to shareholders.

markt
30/7/2012
12:59
"Private Equity where are you, buy them out, sack the board,"

but often in such a case the PIs get almost nothing...

the cupboard looks to already have been raided !...and the BOD have left little behind..

markt
27/7/2012
10:59
...........and "negotiate" some of the worst terms for their over leveraged loans with the Banks! Posted some time ago that the only hope would be to focus on the core business, finally at least they appear to be trying to do that. Private Equity where are you, buy them out, sack the board, renegotiate with the Banks and turn the business around.
dr knowledge
11/7/2012
10:16
"As we announced yesterday, we have decided not to continue with the Bistro du Vin format restaurants that opened last year. Losses have continued to accumulate in the nine months to 31 March 2012. We have therefore decided that management's complete attention should be on the core business and these restaurants have been sold with completion expected by 31 May 2012."

the BOD which includes David Marshall do have a knack of spotting and exploiting opportunities to spend shareholders money...and lose it !! .....year after...year !!

markt
08/6/2012
22:28
Daily Telegraph: MWB to sell stake in Malmaison

"A stake in the Malmaison and Hotel du Vin chains has been put up for sale by its parent company MWB Group Holdings as it looks to cut debt and boost investment."

investor_tp
23/5/2012
15:03
I spotted this post....worth re-posting I think !!..from 2002 !..wow the directors have been unpopular for years !...but they managed to get not pushed out !

'50p/share target,....140p instead'
....shareholders would be happy to have that now !, instead of current 4p !



"Factsonly 27 Sep'02 - 08:30


How can MWB end up making such a bad loss and with less than half the shareholdersfunds it had at the start of the year!? Are the mgt too engrossed in their own little side venture and sucking money out for themselves? They should of sold Liberty when they were offered the money! They never even mentioned if they would achieve their 250p a share target, should be around 140p instead now. If making such a big loss is not a sackable offence then I don't really know what is.

Go and resign chairman and lackies... if not, you will be pushed off at the next agm."

markt
22/5/2012
16:50
Could MWB issue shares in MBE to MWB shareholders, pro rata to their MWB holdings ??

or would/do MWB creditors have a call on all MWB assetts including MBE shares and hence can't split off unless creditors agree (which they would not) ?

markt
22/5/2012
16:06
"and we expect to embark shortly on a fund raising process aimed at raising new capital to strengthen the Group's financial position"

Hence the question....

was the MWB BOD legally and intentionally negligent in making new investments over the months running up to that disclosure ?.....a new hotel in Scotland I recall, and perhaps other investments...

-----

In various European countries with debt problems....it is surfacing that public money has been spent on stupid and crazy things.....like airports in bad locations that now have no airplanes using them.....

and

that business owners made large profits in the process, often with backhanders to politicians that awarded the contracts...(ie. that money was intentionally mispent because the top people involved would get rich as part of the process)


I wonder if any investigating is needed at MWB to see if anything similar has been occurring.
-----

As a PS.....if any MWB directors or any related party or friend have large short positions open...such as via offshore tax havens with strict secrecy laws (Switzerland, Cayman Islands), and cover companies, so no one can find out...then they could/would be making large amounts of money from the fall of the MWB share price.

Most of the money of the Marshalls (David Marshall is a non-exec) looks to be held in Trust Funds. Perhaps any trust funds where DM is not a trustee can legally take short positions since not under DM control and perhaps would not need to report. There are directors on the LFI BOD from a Swiss bank. And the Marshalls have reported links to Luxembourg and to Virgin islands and Guernsey.
Of course they would not do anything not allowed, but you can see that if anyone wanted to bend the rules or push them to the limit or make personal gain....that it would be very easy to do imo, and no one would ever know.

(LFI already dances around the regulations imo.....eg. no disclosure in LFI accounts of payments made to a son as director of subsidiary company....and imo they don't comply with the related party disclosure rules or at least the spirit of the rules, eg. payments from MWB, CRE, NBI, FIF are not disclosed in LFI/WSE accounts).
Good old London markets !....very murky imo !!....

markt
22/5/2012
15:52
below 4p ...and the FD has left the ship....looks like the writing is on the wall...


If MWB dies then it will be another for David C.Marshall to add to his list of investments of LFI that have de-listed or died over the last 10 years. Sanctuary group & Doctors Direct being others. (David Marshall and LFI brought MWB to market if I recall correctly, as it did the other 2).

Almost a 50% record over the last 10 years....worryingly bad imo !

markt
17/5/2012
09:57
T/s itself wasn't so bad, but def a whiff of "rescue rights". What a shambles.
spectoacc
17/5/2012
09:22
Difficult to find any calculations where management could conclude that a placing would be better for existing shareholders than selling MBE to Regus. Heading for a discounted takeover by Pyrrho?
scburbs
17/5/2012
08:57
"MWB recognises the challenging environment in which our businesses operate and the need to bring additional equity into its businesses and is currently exploring ways in which capital may be raised for the long term development of our subsidiary brands. As we announced in February, Canaccord Genuity Hawkpoint was appointed as financial adviser to MWB and we expect to embark shortly on a fund raising process aimed at raising new capital to strengthen the Group's financial position."
investor_tp
Chat Pages: 36  35  34  33  32  31  30  29  28  27  26  25  Older

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